OCR Text |
Show EXPECTS WOOL TO GO TO 30 CENTS Salt Lake April 10, Practically no I j wool Is being bought in the intermoun- I ,'taln region, although the clip prom-' laes to be the best in years, declared j jrharles Stabley, one of the big wool growers of the Evanston. Wyo., dis trict, who is at the Hotel Utah. VVoolgrov. e rs are not In a hurry to sell their wool, because they expert higher prices and the buyers are not making any bids to speak of because they are uncertain as to what will be the working basis or the market this year, according to Mr Stablev "Flocks in western Wyoming had the best winter they have had in twenty twen-ty years " said Mr. Stabley. "and a big clip ot fine, clean wool is assured. I The woolgrowers expect to get at least ?.0 cents for the clipbut the buy- ' era are making practically no coii-tracts coii-tracts at that prlee. 1 'hae seen ! some sales reported at 30 cents but 1 the names and amounts were not glv-eu." glv-eu." Continuing, Mr Stabley sail This Year Unusual. J In recent years most of the clip in A V- , ajgsjj this section has been contracted for by this time of the Beason This year, however, the buyers have been holding off to see what the basis oi the market Will be The buyers arc active in the field, checking up on the amount of wool In different bands and w hen a selling basis is determined with the growers, there will be some lively transactions. As soon as the buyers can come to terms there will be hurry-up buy ing of all the wool in this section, by telegraph, telephone, messenger boy and otber-vise. s I have said, the buyers know where all the wool Is and who bc'.ds it. and when they're satisfied thai, they are getting it at the lowest possible figure, fig-ure, they will start bin Ing with h rush. "T believe the growers will get at least TO cents for their wool. Sorm' are talking of holding for 35 cents The expense of grow ing wool is continually con-tinually increasing and we want to get the best prices we can. Buyers are withholding offers witfh the liope of making contracts for clips under 1 30 cents. They w ill probably get I wool at from 25 to 3d cenita, but no cheaper than 25 cents at the lowest, and the bulk of it around 30 cents." Mr. Stahley said clipping is already under wa in eastern Wyoming and will be started within n week or so In the western part of that state. He and Mrs. Stahley are in tV city to permit Mr. Stahley to consult special Ists about an affection of . the yeB. |